China Construction Bank Corp. (OTCMKTS:CICHY) Short Interest Update

Key Points

• China Construction Bank Corp. experienced a significant decline in short interest, dropping by 62.3% in September to 4,600 shares from 12,200 shares in August.
• The company reported $0.88 earnings per share for the last quarter, meeting analysts' expectations while generating revenue of $24.73 billion.
• As of the latest trading, China Construction Bank's stock opened at $19.24, with a market cap of $240.51 billion and a P/E ratio of 5.34.

China Construction Bank Corp. (OTCMKTS:CICHY - Get Free Report) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 4,600 shares, a drop of 62.3% from the August 31st total of 12,200 shares. Based on an average trading volume of 115,400 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 115,400 shares, the short-interest ratio is presently 0.0 days.

China Construction Bank Trading Up 0.4%

China Construction Bank stock opened at $19.24 on Thursday. The stock has a market cap of $240.51 billion, a P/E ratio of 5.34 and a beta of 0.18. The company has a debt-to-equity ratio of 0.85, a current ratio of 0.95 and a quick ratio of 0.95. China Construction Bank has a 1 year low of $14.50 and a 1 year high of $22.27. The firm's 50 day moving average price is $19.87 and its 200-day moving average price is $18.91.

China Construction Bank (OTCMKTS:CICHY - Get Free Report) last released its quarterly earnings data on Friday, August 29th. The company reported $0.88 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.88. The firm had revenue of $24.73 billion for the quarter, compared to analysts' expectations of $178.48 billion. China Construction Bank had a net margin of 24.99% and a return on equity of 10.06%.

About China Construction Bank

China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the People's Republic of China and internationally. It operates through Corporate Finance Business, Personal Finance Business, Treasury and Asset Management Business, and Others segments.

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